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BOLOUR Funds $10 Million Owner-Occupied Industrial Facility

Cash-Out Owner-Occupied Industrial Phoenix, AZ BOLOUR recently funded a $10 million loan to refinance a 160,000 square foot owner-occupied industrial manufacturing facility in Phoenix, AZ. The borrower required a loan that could close quickly, provide needed liquidity, and fund reserves for capital improvements. The borrower’s lack of liquidity and financial strength prevented the company from …

BOLOUR Funds $6.4 Million Industrial Refinance Loan

Owner-Occupied Industrial, Cash-Out Fullerton, CA BOLOUR recently funded a $6.4 million loan to refinance a 58,000 square foot owner-occupied industrial building in Fullerton, CA. The borrower required a loan that would quickly provide additional liquidity that could be used for expansion of its operating business. BOLOUR provided an 18-month loan at 73% of the property’s …

BOLOUR Lending Parameters

LENDING PARAMETERS High Leverage Bridge Program   Leverage Up to 75% LTV   Rate: Starting at 8.50% Interest Only   Loan Size: $1MM – $10MM   Non-Recourse: Available   Closing: 1-3 Weeks   Prepayment: Flexible   Term: Up to 24 Months   Markets: CA, AZ, TX   Property Types: Multifamily, Retail, Office, Industrial, Non-Owner Occupied SFR, Urban Infill Land   Second Trust Deeds Available Low …

Recently Funded Deals

$12,000,000 Los Angeles County, CA ○ 7.5% Interest Rate ○ $12 Million Refinance Loan ○ 3-Year Loan Term ○ Non-Recourse $8,350,000 Santa Monica, CA ○ $8.35M Land Loan ○ Unentitled Land for Future Mixed-Use Development ○ 70% Loan to Purchase Price ○ Non-Recourse $3,000,000 Santa Fe Springs, CA Paramount City, CA ○ Complex Probate Title …

Tax Benefits of Apartment Investing in Light of “The New Law”

CAP rates for multifamily assets have held relatively stable over the last two years, according to a multifamily investment forecast report from Marcus & Millichap published February 2018. Although interest rates continue to rise, the sturdy outlook for apartment fundamentals is unlikely to change significantly in 2018, the report said. “The maturing apartment investment climate …

BOLOUR Expands Business Development Team

Brad Fahlgren Beverly Hills, CA For Immediate Release Brad Fahlgren joins Investor Relations Department of Beverly Hills based real estate investment, development and finance firm. Beverly Hills, CA – (February 20, 2018) — Bolour Associates, Inc. (BOLOUR), a privately-owned real estate investment, development and finance company, today announced that Brad Fahlgren has joined its investor …

How Up-And-Coming Developers Can Finance a Project’s Early Phase

Rising-Star Developers and Co-GP Backing Los Angeles, CA Real estate development is a complicated process that can often take years to go from vision to final completion. At the earliest stage of a development project, capital is essential. Capital is necessary for acquisitions and pre-development costs. Often times, a development project’s earliest phase can be …

BOLOUR Funds $7.7 million Land Acquisition Loan

Entitled Land Loan in Emerging Submarket Hawthorne, CA BOLOUR recently funded a $7.7 million acquisition loan on an assemblage of 110,000 sf of land. The borrower spent over two years entitling the land for a 230-unit large scale multifamily development. Achieving full entitlement, the borrower required an acquisition loan that would provide time and flexibility …

BOLOUR Funds $3 Million Refinance on Industrial Portfolio

Refinance out of Probate Santa Fe Springs and Paramount City, CA BOLOUR recently funded a $3 million bridge loan with an interest reserve on two industrial buildings. Borrower needed to refinance a defaulted loan to avoid foreclosure. Despite complicated title issues in Probate, BOLOUR refinanced the property within a short closing time frame.

BOLOUR Brings Development Expertise to $8.5M Funding

Santa Monica Pier Santa Monica, CA BOLOUR provided an $8.35M non-recourse loan for a local developer to acquire and entitle a mixed-use residential – commercial property. BOLOUR provided the borrower with a two-year loan term to secure approvals from the City of Santa Monica, where entitlements are highly challenging. BOLOUR utilized its extensive network and …